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Global Investors Confident About Chinese Economy – Xinhua

The Ministry of Commerce said that in the first 11 months of the year foreign direct investment into the Chinese mainland rose 15.9% year on year


A decade of low inflation will soon be over for Asia's developing nations as a wave of price increases will soon hit the region, Moody's Analytics has forecast.
People cross a street during morning rush hour in front of the skyline of the CBD in Beijing. Photo: Reuters

 

Despite the pandemic-induced worldwide economic slowdown, global investors have continued to double down on investment in China this year, Xinhua reported.

The Ministry of Commerce said that in the first 11 months of the year foreign direct investment into the Chinese mainland, in actual use, rose 15.9% year on year to 1.04 trillion yuan ($157.2 billion).

 

Read the full report: Xinhua

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.